Gillott v. Redlich
Opinion of the Court
Smith was a debtor of Eedlich. He was also debtor to Austin FTichols & Co., and also to Enyard & Bain. The first step in the complication was a fraudulent bill of ¿ale of the debtor’s property to one Leffets. This was given by Smith to him prior to August 3,1886, and about that date. On th.e 5th of August, 1886, Leffets, as such fraudulent vendee, was in possession of the property, and the defendant Eedlich got an attachment against the debtor, and seized the property in possession of Leffets. This attachment was vacated on the 10th of August, 1886. On the 9th of August, 1886, the debtor made a general assignment for the benefit of his creditors without preference. This assignment was recorded on August 11, 1886, and on the
It was no proof of fraud to show that the assignment was made with the express object of anticipating a new levy by attachment, and the exception based upon this assumption was not well taken. Nor was it material to-show that any particular creditor assailed the attachment, nor was it material as to the act or neglect to act by the assignee since the assignment. They might show a bad trustee, but could not destroy the trust. In McConnell v. Sherwood, 84 N. Y. 522, the right to compromise, “if it would be advantageous,” was written in the assignment, and this was held to render the assignment void. The evidence fails to show any fraudulent intent as matter of fact. The evidence is voluminous, but nothing whatever appears in it to-invalidate the assignment for fraud. It is equal as to all, and no debt is impeached or questioned.
The judgment should be affirmed, with costs. All concur.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.